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Business

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Business

Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100

HONG KONG — Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 […]
Business GCC Saudi Arabia

Leaders of the Global Financial Community Outline Positive Outlook for Sector as Financial Sector Conference Opens in Riyadh

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) opened today in Riyadh, welcoming over 3000 participants from around the world to discuss the way ahead for the global financial community under the conference theme of “Promising Financial Prospects.” Welcoming delegates to the conference Saudi Minister of Finance HE Mohammed […]
Business

Anxinsec Highlighted An Innovative and All-in-one Solution for Endpoint and Workload Protection at X-LABS Stage.

Dubai, United Arab Emirates — ANXINSEC is participating in the GISEC Global 2023, the leading gathering ground for the cybersecurity community worldwide. As a leading brand of memory security, Anxinsec shares insights about advanced threats and introduces “An innovative and all-in-one solution for endpoint and workload protection.” “0-day vulnerabilities have increased by
Business

Mastercard Launches Legacy Book Celebrating 25 Inspiring Women and Their Trailblazing Stories

Dubai, United Arab Emirates —Bringing together the journeys of some of the world’s most inspiring female leaders in arts, sports, politics, hospitality, financial services and beyond, Mastercard has unveiled a coffee-table book, ‘Lasting Legacy – Honoring 25 Visionaries to Celebrate 25 Years of Priceless’. Launched during Women’s Month 2023, the book marks the 25th
Business

Air Arabia shareholders approve 15% dividend distribution

Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 15 percent cash dividend for the financial year ending December 31, 2022 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 15 fils per share, reflects another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’
Business GCC Saudi Arabia

Biban 2023 powers the future of Saudi entrepreneurship with the launch of $13.8 billion-worth of agreements and initiatives

Riyadh, Saudi Arabia — Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community. Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi […]
Business

Jaguar Land Rover partners with Tata Technologies

14 March 2023, Dubai, United Arab Emirates: Jaguar Land Rover is partnering with Tata Technologies, the global engineering, product development and digital services company, to accelerate the digital transformation of Jaguar Land Rover’s industrial strategy. The first phase will include UK core production facilities, with solutions subsequently deployed to other global
Business GCC Saudi Arabia

Saudi-Based Company White Helmet Named 2022 Entrepreneurship World Cup Champion

Riyadh, Saudi Arabia — After four days of fierce competition, with 100 up-and-coming startups representing 53 countries, one has emerged the victor of the Entrepreneurship World Cup (EWC). White Helmet, a company that provides a platform to manage and monitor construction operations remotely, from anywhere and at any time, returns home with a US$300,000 share […]
Business GCC UAE

UAE Industry Approaches to Delivering ESG Innovation

Dubai, UAE; 14 March 2023: The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and Dubai Financial Market (DFM), the leading financial market across the region, has published three new reports that aim […]
Business

Minister of Economy invites German companies

 H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, met with a trade and industry delegation from Germany recently, during his visit to the country to explore the strengthening of cooperation between Abu Dhabi and Berlin. The German delegation consisted of H.E. Dr. Mark Speich, State Secretary for Federal, European and International Affairs and […]